Watch List notes:

John III Ducas-Vatazes Imitative Æ Hyperpyron Nomisma. Emperor of Nicaea. Magnesia(?), AD 1222-1254. Christ enthroned facing, raising hand in benediction and holding Gospels; [IC]-XC across upper fields / John standing facing, wearing stemma, divitision and loros, holding labarum and anexikakia, being crowned by the Virgin Mary, wearing tunic and kolobion; MHP monogram in upper field between them, IѠ-ΔЄ-Π to left, Φ-Β-ΠΡ-ΦP-Γ to right. Cf. DOC 6b.1 and Sear 2073 (AV Hyperpyron). 2.56g, 24mm, 12h.

Extremely Fine. Rare.

From a private UK collection.